ACTIVE

Less

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Financial year 2025 · closed on 31/12/2025
Net result
51 k €
+199.4% YoY
Gross margin
96,9 k €
+56.7% YoY
Equity
128,9 k €
0.0% YoY

What does Less do?

Less is a Private limited company incorporated in 2019. Its main activity is: Engineering activities and related technical consultancy. Its registered office is in Wetteren.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0734.576.941
Incorporation
18/09/2019
Legal form
Private limited company
Registered office
Schoorstraat 20
9230 Wetteren · FlandreSee on map
Contributed capital
3 000,00 €
Latest accounts
31/12/2025
Activities (NACE)
71121Engineering activities and related technical consultancy· main71121Engineering activities and related technical consultancy41001Construction of buildings41101Development of building projects41201Construction of residential and non-residential buildings68100Buying and selling of own real estate+4
Signals
ProfitableSolid equityLow riskPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 5 financial years

20252024202320222021
Income statement
Gross margin96,9 k €61,8 k €36,1 k €64,7 k €31,5 k €
EBITDA94,8 k €58,8 k €34,2 k €63,6 k €30,6 k €
Operating result69,8 k €29,3 k €11,5 k €48,8 k €23,8 k €
Net result51 k €17 k €6,7 k €33,8 k €16,2 k €
Balance sheet
Equity128,9 k €128,9 k €111,9 k €105,2 k €71,3 k €
Total assets316,1 k €271,1 k €170,9 k €179,4 k €98,9 k €
Cash22 k €17,6 k €58 k €37,9 k €17,7 k €
Debts187,2 k €142,2 k €59 k €74,3 k €27,6 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 1 ended

Active mandates

Lieven Claeys

Director · since 16 septembre 2019

Active

Ended mandates

Lieven Claeys

Director

Ended
At this address

Other companies at this address

CompanyCBE no.
CLAT engineering● Active
0632.510.670
Stéphanie Vercauteren Architect● Active
0677.685.946
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/09/2019
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months16 months
Filing date11/03/202603/06/202529/05/202408/06/202309/06/202227/08/2021
General meeting05/03/202605/05/202525/03/202407/06/202307/06/202230/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

6 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202505/03/202611/03/2026DutchPDF
Abridged model31/12/202405/05/202503/06/2025DutchPDF
Abridged model31/12/202325/03/202429/05/2024DutchPDF
Abridged model31/12/202207/06/202308/06/2023DutchPDF
Abridged model31/12/202107/06/202209/06/2022DutchPDF
Abridged model31/12/202030/06/202127/08/2021DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 1 ended

Active mandates

Lieven Claeys

Director · since 16 septembre 2019

Active

Ended mandates

Lieven Claeys

Director

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other20/09/2019
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 202551 k €↑
  2. 2024
    Annual accounts 202417 k €↑
  3. 2023
    Annual accounts 20236,7 k €↓
  4. 2022
    Annual accounts 202233,8 k €↑
  5. 2021
    Annual accounts 202116,2 k €
  6. 18/09/2019
    IncorporationPrivate limited company